All Forum Posts by: Courtney Sheehan

I have the skills to repair and maintain a property, and I also have trades on call. I'm looking for investors who want to put up money to flip/rent SFR's in Riverside County, CA and I will do the work and sub-contract out the work that needs to be licensed. We can talk about how we split the profit between us.

Sheehan Property Group LLC

951-595-7385

[email protected]

I've also considered that option. How did it work out? Did you buy and hold/rent/flip? If you flipped, how did it work with not being there to oversee renovations?

I was just looking into HELOC/home equity. We're rising 5.2% here in my area, so I'm thinking I just have to wait to start my investing career for another year while my personal property appreciates and I can pull out the equity.

Does anyone else have experience on waiting and watching? Would anyone advise against it?

Hi all! I'm new to real estate and I want to start wholesaling/flipping. I filed my LLC with the state and I am 60% complete on my business plan. I have GC's, real estate agents, escrow companies, brokers, title, etc. lined up. I have a background of 8 years in marketing and sales, and I'm currently employed by the Marine Corps, so I have my own income coming in. I own my own home. I sound like a pretty solid investment-worthy developer, right?

The one thing I'm short on- this mythical 10%-30% "skin in the game" that everyone wants to see before they fund your project.

In SoCal, where I'm from, houses start out in the $350K-$450K range for 3 BR entry level homes. 30% of $400K is $120,000. If I had that kind of scratch laying around, I'd be pretty well off in my own right, and wouldn't need to look to real estate developing as an income stream.

So how did you other flippers get started when your businesses were in their very infantile stages??? Where did you find your money??